Doctor Chain

🔸How is $BTC miner profitability looking post-halving? We take the industry's pulse and analyze the impact of margin compression in the current capitulation phase. 👇 Read the full analysis here: 📎https://doctorchain.substack.com/p/house-of-blocks-the-corporate-rise (ENG) 📎https://doctorchain.substack.com/p/house-of-blocks-a-ascensao-corporativa (PT/BR) #Bitcoi #BingX

🔸With an average acquisition cost of $120, $SOL holders have been in a loss for 212 consecutive days. The asset's current price at $66 reflects severe capitulation and investor distress. #Solana #BingX

🔸In recent weeks, $BTC faced intense, coordinated selling pressure across the US, Asian, and European markets, pushing the price down to $60K and resulting in a strong global capitulation. #Bitcoin #BingX

🔸Realized losses on the $SOL network hit one of the highest peaks of the year. The sharp drop in #Solana 's price triggered an aggressive capitulation, with the 7-day moving average of realized losses skyrocketing to near $300 million. #Solana #BingX

🔸The $ETH network hit a 74-month record low last Friday: 54.6M coins in loss, representing about 71.3% of the circulating supply. Data shows that market capitulation is at levels not seen in a long time. #Ethereum #BingX

🔸Negli ultimi 4 settimane, gli ETF Spot #Bitcoin negli USA hanno registrato enormi deflussi: sono stati venduti $5.4B, equivalenti a circa 73.300 $BTC. #Bitcoin #BingX

🔸The $BTC network has returned to strong accumulation (⚫️), something not seen since December 2025. #Bitcoin #BingX

🔸Lost: Trapped in the Red. When the market panics, on-chain data shows who is actually selling $BTC at a loss and who is absorbing the impact behind the scenes. 📊Full Report: https://doctorchain.substack.com/p/bitcoin-lost-in-the-red (ENG) https://doctorchain.substack.com/p/bitcoin-perdidos-no-prejuizo (PT/BR) #Bitcoin #BingX

🔸Currently, only 12% of the circulating $SOL supply is in profit. With 549M coins in loss, this is officially the highest value in the network's history in a loss state. » In circulation: 579M $SOL (🔴) » In profit: 74M $SOL (🟢) » In loss: 549M $SOL (⚪️) #Solana #BingX

🔸Throughout this week, derivatives market liquidations have already surpassed $5 billion in long positions. 🚨 Panic has spread with full force into the leverage market. $BTC $ETH $SOL

🔸Over the last few days, long-term $BTC exchange inflow into spot exchanges spiked to levels not seen since January 2025. This inflow was mainly driven by coins held for 6-12 months. #Bitcoin #BingX

🔸Historically, Bitcoin's macro bear market bottoms were validated after the price broke below the network's average cost basis (🟠) and that of long-term investors (🔵). Today, these support levels sit at $53,740 and $48,820, respectively. #Bitcoin $BTC #BingX

🔸The #DeFi sector has just hit its lowest level in 21 months. 📉 Global TVL has retraced to the $76 billion mark, breaking through old support levels. $BTC $ETH $SOL #BingX

🔸Very ugly scenario for $SOL .

With key supports lost, the URPD chart shows that any recovery attempt will run straight into a colossal resistance between $80 and $85.

Too many investors are "trapped" in that zone. #Solana #BingX

🔸Short-Term Holder (STH) capitulation continues. Just in the last few hours, STHs sent nearly 54,000 $BTC in losses to exchanges. The daily result? $600 million in realized losses locked in on-chain. #Bitcoin #BingX

🔸Massive wipeout in the derivatives market. 🚨 Yesterday we saw the 3rd largest long squeeze of the year: $1.6 billion evaporated from those betting on the upside. Who survived this? $BTC $ETH $SOL

🔸Very ugly scenario for $SOL . With key supports lost, the URPD chart shows that any recovery attempt will run straight into a colossal resistance between $80 and $85. Too many investors are "trapped" in that zone. #Solana #BingX

🔸$SOL Gli ETF hanno registrato il secondo maggior afflusso mensile della loro storia: +$114M (~1.2M coin). Le partecipazioni di questi veicoli hanno raggiunto un nuovo massimo storico di 11.5M $SOL ($943M). #Solana #BingX

🔸#Altcoins dominance is rising while $BTC falls. This complacency in high-risk assets with a weak #Bitcoin is usually not a good omen. Be careful. ⚠️ #Bitcoin #Altcoins #BingX

🔸In this week's on-chain report, we measure the pulse of the $ETH network and its agents, as well as the effects of 'The Merge' on blockchain dynamics.

You can read it here 👇

📎 doctorchain.substack.com/p/eth ... (ENG)

📎 doctorchain.substack.com/p/eth ... (PT/BR)

#Ethereum #BingX